The price completes a rectangle and the price is close to breaking out soon.
A rectangle describes a compelling chart pattern that indicates a bearish move when price breaks below support.
LTC/USD challenges a move to the 70.2 level.
Litecoin: Descending Channel
LTC/USD,
1 hour
SHORT
13 hours ago
It seems like a descending channel is very close to being finished and the price is breaking out.
Once price collapses through the support line, the move could spot an extension in the downward direction.
LTC/USD to slump to 82.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Dec 17
It seems like LTC/USD creates an ascending channel.
An ascending channel denotes a bearish price indicator that can be used to spot a countertrend succeeding the current trend in case if price collapses through the support line.
A bearish run to 71.5 is possible on a breach of 72.1.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Oct 17
It seems like LTC/USD forms an ascending channel, the price is ready to break out.
An ascending channel spots a bearish price move in case if price breaks out.
LTC/USD risks a move to the 61 level as the cryptocurrency is at a brink of a bearish breakout.
Litecoin: Descending Channel
LTC/USD,
4 hours
LONG
4 days ago
There is a descending channel spotted and the price is going to break out.
A descending channel typically spots that the price to go long when price breaks out.
A bullish move to 86 is on the way.
Litecoin: Descending Triangle
LTC/USD,
1 hour
LONG
Jul 21
LTC/USD shows a descending triangle and LTC/USD lacks a bullish action as a signal of a breakout.
When price breaks through the resistance, the resulting move could indicate a bullish price action.
LTC/USD to grind higher to 73.6 on a breakout of the descending triangle.
Litecoin: Rectangle
LTC/USD,
1 hour
LONG
Apr 10
There is a rectangle materializing, the price is close to breaking out.
When price breaks out to the the upside, the move could identify that the price to go long.
LTC/USD embarks on a bullish correction towards 91.5 on a upside break as the mood may improve.
Litecoin: Symmetrical Triangle
LTC/USD,
1 hour
SHORT
Mar 28
A symmetrical triangle has been determined and the price is about to break out.
A symmetrical triangle typically predicts prices are likely to keep falling downward when price breaks out to the the downside.
LTC/USD to extend the fall to 94 as gains remain capped.
Litecoin: Descending Triangle
LTC/USD,
1 hour
LONG
Jan 25
There is a descending triangle diagnosed and LTC/USD asks for next active rise to confirm a breakout.
A descending triangle often identifies a further move up in case if price breaks out.
A rangebound towards the 66 zone looks probable as downside pressure alleviates.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
May 6
It seems like an ascending channel is close to being completed, the price is breaking out.
An ascending channel suggests a compelling bearish formation with an upward bias that often signals prices are likely to keep falling downward when price breakdown occurs.
There is a chance of a bearish run towards 86 as LTC/USD loses bullish momentum.
Litecoin: Descending Triangle
LTC/USD,
1 hour
SHORT
Jun 28
There is a descending triangle spotted.
When price breaks out, the resulting move could indicate an extension in the downward direction.
There is a chance of a bearish run to the 86.5 mark on a break below 86.7 as LTC/USD becomes depressed.
Litecoin: Descending Channel
LTC/USD,
4 hours
LONG
Sep 29
A descending channel has been determined, LTC/USD requests a next active move as a signal of a breakout.
If price breaks above resistance, the resulting move could identify that prices are likely to keep rallying upward.
A bullish run towards 66 is on the cards.
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Litecoin · LTC/USD